6 Rules from World's Top Investors
4. Prince Alwaleed Bin Talal
“We’re getting hurt, but I’m a long-term investor”
Prince Alwaleed Bin Talal is a well known figure in the investing world. He is an investor from Saudi Arabia. He founded the Kingdom Holding Company. He owned a 14.9 percent stake in Citigroup prior to great recession, at a price much higher than its post-recession price. Moreover, his real estate investments in India lost significant value after the 2009 recession.
While many others might have sold, Prince Alwaleed Bin Talal has done what many big shots of the investor’s world have done to increase their riches. He held the stock for a long time and let go large market events out of the picture and collected a dividend while waiting.
